S&P Maintains BUY Rating on Microsoft Shares

October 07 00:00 2011

NEW YORK, October 7 (RainbowNewsLine.com) – Analyst Angelo Zino of S&P Equity Research maintains his BUY opinion on the shares of Microsoft Corp (NASDAQ: MSFT).

Analyst Angelo Zino, in a research note based on an unconfirmed Reuters report mentions that Microsoft is considering a bid for Yahoo (YHOO15.26, BUY). Microsoft’s interest in Yahoo makes sense given their recent history and their current relationship of MSFT providing core search-engine technology to Yahoo sites. Since Microsoft has genuine interest in future success of Yahoo’s core internet business, a bid is inevitable, the analyst says. S&P believes that Microsoft should utilize its investment and time in more high potential growth instruments like Cloud computing and penetrating in mobile device arena.